Key Highlights
• A specialized control system called a safety programmable logic controller (PLC) is created to guarantee the reliability and safety of industrial machinery and processes. It uses sophisticated algorithms and redundant hardware to keep track of crucial variables and act quickly in potentially dangerous circumstances. In high-risk environments like manufacturing and automation, where they monitor, control, and shut down activities to avoid accidents and guarantee worker safety, safety PLCs play a crucial role. To ensure their dependability, these systems go through a thorough certification process and follow international safety requirements. Safety PLCs help to reduce hazards, stop equipment damage, and protect human well-being in industrial environments by quickly identifying anomalies, starting emergency measures, and facilitating safe operational practices.
• The market size of the worldwide Safety PLC Industry surpassed USD XX billion in 2022, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.
• In May 2019, the RAYCHEM Elexant 4010i is the first intelligent, connected controller from the Elexant family, and it was introduced by nVent Electric PLC, a world pioneer in electrical connection and protection solutions. The Elexant 4010i makes heat tracing technology control and maintenance smarter, safer, and more affordable. It is made to provide a safe, dependable, and adaptable control solution for industrial applications.
• The market is being driven by rising automation system usage and safety consciousness. It is possible to include several devices, such as memory shells and timers, in one PLC, making it very simple to regulate and manage energy expenses while also improving quality and lowering production costs. PLCs may be quickly reprogrammed to have the desired qualities. The market is being driven by demand for safety equipment and the need for simplified configuration. Safety PLC enables manufacturers to significantly lower machine life cycle costs by combining the functions of a control system and a safety system in one controller platform. Multiple layers of security are delivered by safety system designs using safety PLCs, which collectively create a safe control system. Each layer has the ability to lessen the impact of a fault when unanticipated circumstances occur. The "Layers of Protection" idea was pioneered by Siemens safety PLCs, enabling the level of protection needed for the controller to receive a SIL 3 safety grade.
Scope of the Industry Profile
Key Players
• ABB (Switzerland)
• Emerson (US)
• GE (US)
• Hima (Germany)
• Honeywell (US)
• Pilz (machinery safety) (Germany)
• Rockwell (US)
• RTP (US)
• Schneider (France)
• Siemens (Germany)
• Yokogawa (Japan)
Segmentation
By Safety Integrity Level
• SIL 1
• SIL 2
• SIL 3
By Type
• Conventional
• Combined
By Machinery
• Assembly
• Robotics
• Packaging Machinery
• Textile Machines
• Material Handling Machines
By Safety Devices
• Presence Sensing Safety Sensors
• Safety Interlock Switches
• Safety Controllers/Modules/Relays
• Programmable Safety Systems
• Emergency Stop Controls
• Two Hand Safety Controls
What to Expect from Industry Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Safety PLC market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Safety PLC market.
3. Leading company profiles reveal details of key Safety PLC market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Safety PLC market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• In May 2019, the RAYCHEM Elexant 4010i is the first intelligent, connected controller from the Elexant family, and it was introduced by nVent Electric PLC, a world pioneer in electrical connection and protection solutions. The Elexant 4010i makes heat tracing technology control and maintenance smarter, safer, and more affordable. It is made to provide a safe, dependable, and adaptable control solution for industrial applications.
Segment Insights
By Machinery
The need to maintain the safety of both people and machines, as well as the growing integration of robots into industrial processes, are what are driving the demand for Safety Programmable Logic Controllers (PLCs) in robotics. As robots operate alongside humans to complete difficult tasks, it becomes increasingly important to take strict safety precautions. Real-time monitoring, fail-safe systems, and quick response times provided by safety PLCs help to reduce possible hazards, avert accidents, and adhere to regulatory standards. The demand for safety PLCs in the robotics industry is being driven by the increasing use of collaborative robots (cobots) and the expansion of sectors like manufacturing, automotive, and logistics, which highlight the need for these devices to ensure smooth human-robot interaction and safeguard personnel from potential dangers.
Regional Insights
In North America, strict safety standards, sophisticated industrial automation, and an increasing focus on worker protection all contribute to the demand for safety programmable logic controllers (PLCs). The safety of people working close to machines becomes increasingly important as sectors like industrial, automotive, and aerospace employ robotics and automation technologies. In line with North American safety regulations, safety PLCs include robust safety features, real-time monitoring, and fail-safe procedures. The development of industries like logistics and e-commerce has further highlighted the importance of efficient and safe material handling. In North America's changing industrial scene, the emphasis on worker well-being, adherence to regulations, and the pursuit of operational excellence all contribute to the demand for Safety PLCs.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 SAFETY PLC MARKET OVERVIEW, BY
SAFETY INTEGRITY LEVEL
6.1 Global Market Revenue & Share Analysis, By Safety
Integrity Level
6.1.1 SIL 1
6.1.2 SIL 2
6.1.3 SIL 3
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 SAFETY PLC MARKET OVERVIEW, BY TYPE
7.1 Global Market Revenue & Share Analysis, By Type
7.1.1 Conventional
7.1.2 Combined
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 SAFETY PLC MARKET OVERVIEW, BY
MACHINERY
8.1 Global Market Revenue & Share Analysis, By Machinery
8.1.1 Assembly
8.1.2 Robotics
8.1.3 Packaging Machinery
8.1.4 Textile Machines
8.1.5 Material Handling Machines
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 SAFETY PLC MARKET
OVERVIEW, BY SAFETY DEVICES
9.1 Global Market Revenue & Share Analysis, By Safety
Devices
9.1.1 Presence Sensing Safety Sensors
9.1.2 Safety Interlock Switches
9.1.3 Safety Controllers/Modules/Relays
9.1.4 Programmable Safety Systems
9.1.5 Emergency Stop Controls
9.1.6 Two Hand Safety Controls
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 SAFETY PLC MARKET OVERVIEW, BY REGION
10.1 Global Market Revenue & Share Analysis, By Region
10.1.1 North America
10.1.2 Europe
10.1.3 Asia Pacific
10.1.4 Middle East & Africa
10.1.5 South America
10.2 Global Market Revenue & Share Analysis, 2018 – 2022
10.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
10.4 Key Takeaways
11 NORTH AMERICA MARKET
ANALYSIS
11.1 North America Market Revenue & Share Analysis, By Safety
Integrity Level
11.2 North America Market Revenue & Share Analysis, By Type
11.3 North America Market Revenue & Share Analysis, By
Machinery
11.4 North America Market Revenue & Share Analysis, By Safety
Devices
11.5 North America Market Revenue & Share Analysis, By Country
11.5.1 US
11.5.2 Canada
11.5.3 Mexico
11.6 Key Takeaways
12 EUROPE MARKET ANALYSIS
12.1 Europe Market Revenue & Share Analysis, By Safety
Integrity Level
12.2 Europe Market Revenue & Share Analysis, By Type
12.3 Europe Market Revenue & Share Analysis, By Machinery
12.4 Europe Market Revenue & Share Analysis, By Safety Devices
12.5 Europe Market Revenue & Share Analysis, By Country
12.5.1 UK
12.5.2 Italy
12.5.3 Spain
12.5.4 Germany
12.5.5 France
12.5.6 Rest of Europe
12.6 Key Takeaways
13 ASIA PACIFIC MARKET ANALYSIS
13.1 APAC Market Revenue & Share Analysis, By Safety Integrity
Level
13.2 APAC Market Revenue & Share Analysis, By Type
13.3 APAC Market Revenue & Share Analysis, By Machinery
13.4 APAC Market Revenue & Share Analysis, By Safety Devices
13.5 APAC Market Revenue & Share Analysis, By Country
13.5.1 China
13.5.2 Japan
13.5.3 India
13.5.4 South Korea
13.5.5 Rest of APAC
13.6 Key Takeaways
14 MIDDLE EAST & AFRICA MARKET
ANALYSIS
14.1 MEA Market Revenue & Share Analysis, By Safety Integrity
Level
14.2 MEA Market Revenue & Share Analysis, By Type
14.3 MEA Market Revenue & Share Analysis, By Machinery
14.4 MEA Market Revenue & Share Analysis, By Safety Devices
14.5 MEA Market Revenue & Share Analysis, By Country
14.5.1 GCC
14.5.2 South Africa
14.5.3 Rest of MEA
14.6 Key Takeaways
15 SOUTH AMERICA MARKET ANALYSIS
15.1 SA Market Revenue & Share Analysis, By Safety Integrity
Level
15.2 SA Market Revenue & Share Analysis, By Type
15.3 SA Market Revenue & Share Analysis, By Machinery
15.4 SA Market Revenue & Share Analysis, By Safety Devices
15.5 SA Market Revenue & Share Analysis, By Country
15.5.1 Brazil
15.5.2 Argentina
15.5.3 Rest of SA
15.6 Key Takeaways
16 COMPETITIVE SCENARIO
16.1 Overview
16.2 Key Players Market Share Analysis
16.3 Recent Developments & Product Launches
16.4 Mergers & Acquisitions
16.5 Partnerships, Agreements & Collaborations
17 COMPANY PROFILES
17.1 Overview
17.2 Key players
17.2.1 ABB (Switzerland)
17.2.1.1 Business Overview
17.2.1.2 Product Offered
17.2.1.3 Financial Insights
17.2.1.4 Strategic Developments
17.2.1.4.1 New Product Launches
17.2.1.4.2 Agreements & Collaborations
17.2.1.5 Business Aspects (NOISE Analysis)
17.2.1.5.1 Key Strengths
17.2.1.5.2 Opportunities
17.2.1.5.3 Weaknesses & Competitive Threats
17.2.1.5.4 Needs & Improvements
17.2.2 ABB (Switzerland)
17.2.3 Emerson (US)
17.2.4 GE (US)
17.2.5 Hima (Germany)
17.2.6 Honeywell (US)
17.2.7 Pilz (machinery safety) (Germany)
17.2.8 Rockwell (US)
17.2.9 RTP (US)
17.2.10 Schneider (France)
17.2.11 Siemens (Germany)
17.2.12 Yokogawa (Japan)
18 DISCLAIMER
19 APPENDIX
